Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Variational Omni+0.042%7-day average 0.000% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 7 days−0.025%−$3 · spread now +0.042%, 7d avg 0.000%
Together, before fees−0.032%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XRP1.51790.0100pay 0.0100% / 8h4h 22m$5.2M$37.5M
ShortBybit XRPUSDT1.51850.0100get 0.0100% / 8h4h 22m$347.3M$934.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.042% → 0.000%
$4.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$6.88
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago2.04 bpdoesn't fit6.9 bp −$6923.9 bp −$2,392doesn't fit
Sell Bybit live order book, 2 min ago0.33 bp5.8 bp −$67.4 bp −$7412.8 bp −$1,27822.6 bp −$11.3K

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5174−0.031%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5172−0.042%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5176−0.021%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5190+0.074%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5169−0.064%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5177−0.011%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.512%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0043% / S +0.0025%1h1.5168−0.073%$791K200xas long as short
Orderly PERP_XRP_USDC+0.0085%8h1.5171−0.051%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5185+0.039%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5184+0.035%$499K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5182+0.022%$11K$326K20xas long as short
Nado XRP-PERP+0.0100%1h1.5166−0.080%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5182+0.022%$280.8M$226.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5174−0.029%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5184+0.038%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5190+0.074%$536.1M$2.11B100xas long as short
Bybit XRPUSDTshort+0.0100%8h1.5185+0.042%$347.3M$934.1M100x
OKX XRP-USDT-SWAP+0.0100%8h1.5186+0.048%$126.3M$875.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5174−0.031%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5192+0.088%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174−0.030%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5188+0.061%$370.4M$154.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5183+0.028%$291.4M$901.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5173−0.039%$108.3M$174.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5189+0.068%$268.8M$384.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5185+0.042%$4.2Mas long as short
Variational Omni XRPlong+0.0100%8h1.5179long leg$5.2M$37.5M
edgeX XRPUSDC+0.0100%4h1.5183+0.026%$661K$108.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5178−0.008%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5192+0.088%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5174−0.031%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5172−0.044%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5176−0.021%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5170−0.055%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5175−0.024%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5179−0.001%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5174−0.031%$54.2M$30.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5186+0.049%$473K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5176−0.019%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5186+0.046%$2.0M$6.8M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5193+0.094%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5172−0.041%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0175%1h1.5183+0.028%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5183+0.028%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5177−0.011%$5.6M$47.0M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5170−0.056%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5179+0.002%$24.2M$76.2M125xas long as short
Kalshi KXXRPPERP+0.0313%8h1.5180+0.009%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5193+0.093%$517K$777K10xas long as short
Aftermath Perps XRPUSD+0.0647%1h1.5181+0.018%$2K$15K10xas long as short